StockNews.AI
SGBX
StockNews.AI
3 hrs

Safe & Green Holdings Corp. Announces Stockholders' Approval of 1 for 64 Reverse Stock Split

1. SGBX to execute a 1-for-64 reverse stock split on September 8, 2025. 2. This action aims to comply with Nasdaq's minimum bid price requirement.

Stock Split
-24.41%Current Return
VS
+0.4%S&P 500
$0.172909/04 09:14 AM EDTEvent Start
$0.130709/04 12:06 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

Reverse stock splits typically indicate underlying financial issues. Historical examples show that stocks often decline post-split as investor confidence wanes.

How important is it?

The reverse split is crucial for compliance and affects investor sentiment and stock liquidity.

Why Short Term?

The impact is expected soon after the split date, often surfacing within days to weeks.

Related Companies

SGBXNASDAQ
Reverse stock split effective September 8, 2025; intended to regain compliance with Nasdaq minimum bid price requirement MIAMI, FL / ACCESS Newswire / September 4, 2025 / Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green"), a provider of modular building solutions focused on sustainable construction and innovative real estate development, today announced that it will affect a 1‑for‑64 reverse stock split (the "Reverse Split") of its common stock, par value $0.001 per share (the "Common Stock"), that will become effective on September 8, 2025 at 12:01 AM Eastern Time. Safe & Green has requested that its Common Stock begin trading on September 8, 2025, on a post-reverse split basis on the Nasdaq Capital Market ("Nasdaq") under the existing symbol "SGBX".

Related News